Housing Consortium Of Everett And Snohomish County
Housing Consortium operates with no reported officer compensation, facing fluctuating revenues and expenses.
EIN: 134214361 · Everett, WA · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $112K |
| Program Spending | 85% |
| Net Assets | $7K |
| Transparency Score | 85/100 |
Is Housing Consortium Of Everett And Snohomish County Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Housing Consortium Of Everett And Snohomish County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Housing Consortium Of Everett And Snohomish County
Housing Consortium Of Everett And Snohomish County (EIN: 134214361) is a nonprofit organization based in Everett, WA, classified under NTEE code L20. The organization reported total revenue of $145K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Consortium Of Everett And Snohomish County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing Consortium Of Everett And Snohomish County is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $112K |
| Surplus / Deficit | $-22,275 |
| Total Assets | $18K |
| Total Liabilities | $12K |
| Net Assets | $7K |
| Operating Margin | -24.8% |
| Debt-to-Asset Ratio | 64.3% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Housing Consortium Of Everett And Snohomish County reported a deficit of $22K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 64.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Housing Consortium Of Everett And Snohomish County's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +30.3% | -55.6% |
| 2022 | -11.5% | +1.0% | -38.9% |
| 2021 | -23.0% | -17.0% | -12.2% |
| 2020 | -22.6% | -42.0% | +10.7% |
| 2018 | -21.9% | +22.6% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Housing Consortium Of Everett And Snohomish County with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Housing Consortium Of Everett And Snohomish County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation, which is highly unusual for an organization operating for over a decade and suggests a strong volunteer-led model or very low non-officer salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Housing Consortium Of Everett And Snohomish County's IRS 990 filings:
- Expenses frequently exceed revenue, as seen in 202306 ($112,149 expenses vs. $89,874 revenue) and 202206 ($86,062 expenses vs. $79,242 revenue), indicating potential reliance on reserves.
- Relatively low asset base ($49,369) compared to annual revenue, suggesting limited financial reserves for unexpected events.
Strengths
The following positive indicators were identified for Housing Consortium Of Everett And Snohomish County:
- Consistent 0% officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
- Long operational history with consistent IRS 990 filings, demonstrating transparency and longevity.
- Maintains a relatively low liability-to-asset ratio in most years, suggesting responsible debt management (e.g., 202306 liabilities $11,822 vs. assets $18,399).
Frequently Asked Questions about Housing Consortium Of Everett And Snohomish County
Is Housing Consortium Of Everett And Snohomish County a legitimate charity?
Housing Consortium Of Everett And Snohomish County (EIN: 134214361) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $145K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does Housing Consortium Of Everett And Snohomish County spend its money?
Housing Consortium Of Everett And Snohomish County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Housing Consortium Of Everett And Snohomish County tax-deductible?
Housing Consortium Of Everett And Snohomish County is registered as a tax-exempt nonprofit (EIN: 134214361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Housing Consortium Of Everett And Snohomish County's spending goes to programs?
Housing Consortium Of Everett And Snohomish County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Housing Consortium Of Everett And Snohomish County compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Housing Consortium Of Everett And Snohomish County is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Housing Consortium Of Everett And Snohomish County located?
Housing Consortium Of Everett And Snohomish County is headquartered in Everett, Washington and files with the IRS under EIN 134214361. It is classified under NTEE code L20.
How many years of IRS 990 filings does Housing Consortium Of Everett And Snohomish County have?
Housing Consortium Of Everett And Snohomish County has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $145K in total revenue.
Is Housing Consortium Of Everett And Snohomish County financially stable?
The organization's financial stability shows some variability. While it has operated for many years, recent periods like 202306 and 202206 show expenses exceeding revenue, which can deplete reserves. Its asset base of $49,369 is relatively modest compared to its annual revenue, suggesting limited financial cushion.
How does the lack of officer compensation impact the organization?
The consistent 0% officer compensation is a strong indicator that funds are directed away from executive salaries and potentially more towards programs. However, it could also imply a reliance on volunteer leadership, which might present challenges in terms of long-term sustainability and professional management capacity.
What are the trends in the organization's revenue and expenses?
Revenue and expenses have fluctuated over the years. For instance, revenue peaked at $192,335 in 201706 but was $89,874 in 202306. Expenses have also varied, sometimes exceeding revenue (e.g., 202306, 202206) and sometimes being less (e.g., 202106, 201706).
Filing History
IRS 990 filing history for Housing Consortium Of Everett And Snohomish County showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Housing Consortium Of Everett And Snohomish County's revenue has declined by 53.7%, moving from $194K to $90K. Total assets decreased by 76.6% over the same period, from $79K to $18K. Total functional expenses fell by 34.3%, from $171K to $112K. In its most recent filing year (2023), Housing Consortium Of Everett And Snohomish County reported a deficit of $22K, with expenses exceeding revenue. The organization holds $12K in liabilities against $18K in assets (debt-to-asset ratio: 64.3%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $112K | $18K | $12K | — | View 990 |
| 2022 | $79K | $86K | $41K | $10K | — | View 990 |
| 2021 | $89K | $85K | $68K | $30K | — | — |
| 2020 | $116K | $103K | $77K | $44K | — | — |
| 2018 | $150K | $177K | $70K | $17K | — | View 990 |
| 2017 | $192K | $144K | $102K | $23K | — | View 990 |
| 2016 | $110K | $106K | $48K | $17K | — | View 990 |
| 2015 | $90K | $104K | $42K | $15K | — | View 990 |
| 2014 | $104K | $104K | $59K | $18K | — | View 990 |
| 2013 | $99K | $109K | $61K | $19K | — | View 990 |
| 2012 | $112K | $134K | $60K | $8K | — | View 990 |
| 2011 | $194K | $171K | $79K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $112K, and assets of $18K (revenue +13.4% year-over-year).
- 2022: Revenue of $79K, expenses of $86K, and assets of $41K (revenue -11.5% year-over-year).
- 2021: Revenue of $89K, expenses of $85K, and assets of $68K (revenue -23.0% year-over-year).
- 2020: Revenue of $116K, expenses of $103K, and assets of $77K (revenue -22.6% year-over-year).
- 2018: Revenue of $150K, expenses of $177K, and assets of $70K (revenue -21.9% year-over-year).
- 2017: Revenue of $192K, expenses of $144K, and assets of $102K (revenue +75.0% year-over-year).
- 2016: Revenue of $110K, expenses of $106K, and assets of $48K (revenue +22.4% year-over-year).
- 2015: Revenue of $90K, expenses of $104K, and assets of $42K (revenue -14.0% year-over-year).
- 2014: Revenue of $104K, expenses of $104K, and assets of $59K (revenue +5.8% year-over-year).
- 2013: Revenue of $99K, expenses of $109K, and assets of $61K (revenue -11.9% year-over-year).
- 2012: Revenue of $112K, expenses of $134K, and assets of $60K (revenue -42.3% year-over-year).
- 2011: Revenue of $194K, expenses of $171K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing Consortium Of Everett And Snohomish County:
Data Sources and Methodology
This transparency report for Housing Consortium Of Everett And Snohomish County is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.